The appellant brought a motion to stay a decision of the Director suspending his level II life insurance licence for failure to satisfy continuing education requirements, pending his appeal to the Tribunal.
Applying the three-part test from RJR-Macdonald, the Tribunal found there was a serious question to be tried, the appellant would suffer irreparable harm if unable to carry on his business, and the balance of convenience favoured the appellant as his conduct did not call into direct question his competence.
The motion for a stay was granted.